Existing Loan Refinancing
We offer this loans to members who need more money to complete projects by applying for a refinance loan.
This is akin to a top-up loan granted to a member who requires additional financing after the existing loan has been
granted. The loan is repaid under the same terms as the current running loan.
Requirements
- Collateral / Guarantors Required.
- Active & Full Sacco membership of at least 6 months.
- Qualifying loan should be 2.5 times a member’s deposits subject to a maximum amount of Kes. 5,000,000.
Benefits
- No penalties for early loan clearance.
- Maximum loan repayment period is 36 months.
- Loan Interest Rate is charged on Reducing Balance at 1% per month
- Security Options: Guarantors’ / Houses Member Deposits, Member’s Own Deposits, Motor Vehicle Logbook & Property Title Deed.
Loan Calculator
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Contact Us
Our Address
House Of Transformation Church Grounds On Exit 7,
Garden Estate Road, Off Thika Rd, Nairobi
Email Us
info(at)shekinahsacco.com
shekinahsacco(at)gmail.com
Call Us
+254 0741 088 074
+254 0775 584 288
